Ladder Capital is in a hold-no-new-entry phase: a death cross hard block and momentum failure eliminate new entry, and just 6% upside to the analyst target leaves a thin margin for reward; the business shows genuine underlying strength in its Piotroski score and margins, but the technical backdrop and negative price momentum need to resolve before this becomes actionable.
Thesis pillars
- Momentum Death Cross Hard Block↑Improving
- Strong Piotroski And Margins↑Improving
- Thin Upside Margin To Target↑Improving
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed Feb 9, 2026
Ladder Capital Corp (LADR) Stock Analysis
Recovery setup
Real Estate · REIT - Mortgage
Hold if already holding. Not a fresh buy at $9.36, but acceptable to hold if already in. Reasons: Thin upside margin: 7.9%; Sector modifier (Real Estate): -1.2.
Ladder Capital is a commercial real estate investment trust operating balance sheet and conduit mortgage lending, CMBS and other securities investment, and net-leased and diversified real estate ownership. Since its 2008 inception through 2025, Ladder has originated $31.3... Read more
Hold if already holding. Not a fresh buy at $9.36, but acceptable to hold if already in. Reasons: Thin upside margin: 7.9%; Sector modifier (Real Estate): -1.2. Chart setup: Death cross but MACD improving, RSI 64. Maintain position. Not compelling to add more. Score 6.8/10, moderate confidence.
Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 97d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
About Ladder Capital Corp
About Ladder Capital Corp
Ladder Capital held a $2.2 billion balance sheet of 73 first mortgage loans, a $2.1 billion CMBS securities portfolio across 115 CUSIPs, and $966.2 million of owned real estate -- 149 net-leased properties and 56 diversified properties -- as of December 31, 2025. The company has originated $31.3 billion of commercial real estate loans since its 2008 founding, with 98.6% of its CMBS holdings rated investment grade and collateral concentrated 11.2% by market value in the New York-Newark-Jersey City metro area.
Ladder earns net interest income from balance sheet first mortgage loans -- typically floating-rate, one-to-five-year loans on transitional properties -- and originates fixed-rate conduit loans for sale into CMBS trusts, generally retaining no ongoing interest once sold. The company funds this lending through a diversified mix of $2.2 billion in senior unsecured notes, an $850 million unsecured revolving credit facility (of which $280 million was drawn), and multiple committed loan repurchase facilities totaling $656.0 million, none of which were drawn at year-end 2025. Ladder's 149 single-tenant net-leased properties, spanning 3.4 million square feet with a 6.7-year weighted average remaining lease term, collected 100% of billed rent in 2025, while its 56 diversified commercial properties collected 98%. The company achieved investment-grade credit ratings from Moody's and Fitch in May 2025, automatically releasing subsidiary guarantees under its revolving credit facility.
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Ladder's 10-K flags that it does not observe formal diversification criteria across property types, tenants, geographies or borrowers, meaning any single large borrower or a downturn concentrated in one property type could disproportionately affect results -- a risk realized in the office sector, where the filing notes hybrid work has structurally reduced space demand, particularly for Class B and C buildings in secondary markets. Layered on top, 11.2% of Ladder's CMBS collateral by market value sits in the New York-Newark-Jersey City metro area, the single largest of the top 25 MSAs where 63.9% of that portfolio's collateral is located, concentrating regional economic risk within an otherwise nationally diversified book.
See also: Real Estate · REIT - Mortgage
From Ladder Capital Corp's most recent 10-K filing, extracted July 6, 2026.
Recent developments
updated 2026-10-29Recent Developments — Ladder Capital Corp
Latest news
- NEWS Ladder Capital (LADR) Reports Earnings Tomorrow: What To Expect - Yahoo Finance — Yahoo Finance neutral
- NEWS Why Is Ladder Capital (NYSE:LADR) Set for a Key NYSE Composite Update? - Kalkine Media — Kalkine Media neutral
- NEWS Ladder Capital (LADR) Reports Earnings Tomorrow: What To Expect - TradingView — TradingView neutral
- NEWS Ladder Capital (LADR) Reports Earnings Tomorrow: What To Expect - FinancialContent — FinancialContent neutral
- NEWS Ladder Capital (LADR) Set to Release Q1 Earnings with Mixed Expe - GuruFocus — GuruFocus neutral
Generated 2026-10-29T11:14:33Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- LOWGeographicNew York-Newark-Jersey City MSA11%10-K Item 1: 'with 4.4% and 11.2%, by property count and market value, respectively, of the collateral located in the New York-Newark-Jersey City MSA'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
2 floor-breakers·1 ceiling hit
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
No near-term catalyst priced in. Thesis progression will come from fundamentals grinding, not event reaction.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $9.36, but acceptable to hold if already in. Reasons: Thin upside margin: 7.9%; Sector modifier (Real Estate): -1.2. Chart setup: Death cross but MACD improving, RSI 64. Maintain position. Not compelling to add more. Analyst target $10.10 (+7.9%), stop $8.88 (−5.4%), A.R:R 0.8:1. Score 6.8/10, moderate confidence.
Analyst target: $10.10 (+7.9% upside). Analyst target $10.10 (+7.9%), stop $8.88 (−5.4%), A.R:R 0.8:1. Stop-loss: $8.88.
Thin upside margin: 7.9%; Sector modifier (Real Estate): -1.2; Below 200-MA, MA slope -1.9%/30d (confirmed downtrend).
Ladder Capital Corp trades at a P/E of 11.8 (forward 8.7). TrendMatrix value score: 6.6/10. Verdict: Hold.
13 analysts cover LADR with a consensus score of 4.2/5. Average price target: $12.
What does Ladder Capital Corp do?Ladder Capital is a commercial real estate investment trust operating balance sheet and conduit mortgage lending, CMBS...
Ladder Capital is a commercial real estate investment trust operating balance sheet and conduit mortgage lending, CMBS and other securities investment, and net-leased and diversified real estate ownership. Since its 2008 inception through 2025, Ladder has originated $31.3 billion of commercial real estate loans and $17.0 billion of conduit loans, of which $16.9 billion were sold into 75 CMBS securitizations, making it one of the largest non-bank contributors to CMBS deals in the United States.